Sony has no plan for PS3 price cut

August 15, 2008 Sony does not plan to announce price cuts to its flagship PlayStation 3 games console at Europe's biggest video games fair in Leipzig, Germany, next week, a company spokesman said Friday. [...] in an interview with Reuters on July 16, the company's video game chief said the firm was on track for the current year's target of 10 million sales. Cuts to the Playstation 3's original high price have helped boost its fortunes in Sony's three-way battle with Microsoft and Nintendo in the global video game industry.

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